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Alibaba Group Holdings' Southeast Asian online shopping platform Lazada has achieved its first monthly profit, according to an internal company announcement. The Singapore-based company said its earnings before interest, tax, depreciation and amortization (EBITDA), an alternative profitability measure to net profit, turned positive in July, according to an announcement at the company's town hall meeting on Tuesday. Alibaba owns the South China Morning Post. “This positive EBITDA is a testament to the effectiveness of Lazada's business strategy, and Lazada will continue to increase investment in the Southeast Asian market under a sustainable operating model,” the company's CEO James Dong said…
Over the past three years, medical technology experts have been working to leverage artificial intelligence (AI) to quickly and accurately narrow down a patient’s illness. From AI predicting lung disease with over 90% accuracy to general AI models predicting the likelihood of disease before a traditional diagnosis is made, technology is rapidly developing today. Now, engineering researchers from the Middle Technical University (MTU) in Baghdad, Iraq, and the University of South Australia (UniSA) in Adelaide, Australia, have achieved a breakthrough in training a machine learning algorithm to detect disease through tongue colour analysis. An AI algorithm looked at the color…
Check out the latest Contender Series Week 1 odds with my picks and predictions for each bout on the Tuesday, August 13, fight card.Season 8 Episode 1 of Contender Series streams on ESPN+ at 7 p.m. ET (4 p.m. PT) from the UFC Apex facility in Las Vegas. New Contender Series events take place every Tuesday night through mid-October.As with all UFC Contender Series events, some of the DWCS winners – and even some of the losers – could earn an official UFC contract at tonight’s event. In fact, the Contender Series has become the UFC’s primary feeder system for…
Ford, Mazda warn owners to stop driving older cars with dangerous Takata airbag inflatorsDETROIT (AP) — Ford and Mazda are warning owners of more than 475,000 older vehicles in the U.S. not to drive them because they contain dangerous Takata airbag inflators that haven't been replaced. The warning, issued Tuesday, applies to more than 374,000 Ford, Lincoln and Mercury vehicles from model years 2004 to 2014 and about 83,000 Mazdas from model years 2003 to 2015. The National Highway Traffic Safety Administration says the inflators could explode with so much force in a crash that they blow apart the metal…
'I'm angry at the betrayal': World champion rival Vinesh Phogat gets emotional at Paris Olympics
Yui Susaki will face Vinesh Phogat at the 2024 Paris Olympics. © Twitter Vinesh Phogat's disqualification in the women's 50kg wrestling final at the Paris 2024 Olympics was a big blow to Indian sports fans. But even before that, Vinesh's matches had excited India. She caused the biggest upset of the Paris Olympics, outwitting the previously invincible Yui Susaki with a perfectly planned strategy, and narrowly edging out Oksana Ryvachy of Ukraine to advance to the women's 50kg semi-finals. Susaki, a Tokyo Olympic gold medalist and four-time world champion (2017, 2018, 2022, 2023), had never lost 82 matches…
JLL/Adobe StockJLL today announced that its digital end-to-end facilities management (FM) application, JLL Serve (Serve), will be further differentiated by AI-powered technology from technology solutions company Sclera. By integrating Sclera's capabilities with JLL's technology ecosystem and unique expertise, Serve drives productivity, compliance and intelligent decision-making through a single, easy-to-use mobile and web-based interface that can adjust to the ever-changing needs of any workplace, building or critical environment.Serve, an extension of JLL's global FM platform, is the next step in JLL's journey to digitize and automate end-to-end workflows in facility management. It is an FM solution that unifies data from connected…
TORONTO, Aug. 13, 2024–(BUSINESS WIRE)–Jack Nathan Medical Corp. (TSXV: “JNH”; OTCQB: “JNHMF”), operating as Jack Nathan Health® (the “Company”), one of Canada's largest healthcare networks, announces that it is evaluating and exploring opportunities for strategic alternatives, including mergers and acquisitions (M&A). As part of this effort, a comprehensive data room will be provided to interested parties following qualification. More details will be provided by the Company at that time, if and when a transaction agreement is concluded.Jack Nathan Health® is a pioneer in the healthcare industry, improving access for millions of patients by strategically locating physicians and ancillary medical services…
Net income was approximately $22 million and EPS was $0.23, primarily driven by changes in the value of derivative liabilities and a loss from continuing operations of $2.9 million. DALLAS, Aug. 13, 2024 (GLOBE NEWSWIRE) — Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today announced its financial and operating results for the second quarter of 2024. Solidion's unaudited condensed consolidated financial statements and additional information, including updated pro forma information, are included in Solidion's Form 10-Q (the “Form 10Q”), filed with the Securities and Exchange Commission on August 13, 2024. This earnings…
With Succession and Crazy Energy coming to an end, House of the Dragon wrapping up its run this year, and Euphoria's return on the horizon, TV audiences are eager for new programming from HBO, and Season 3 of Industry is poised to fill that need. Having built a cult following and passionate fanbase over the past few years, Industry arrived in primetime on Sunday nights with high expectations, and with its season premiere over the weekend, the show is beginning to live up to them.But beyond the drugs, sex, financial jargon, and electronica that the Industry collective cherishes, season 3…
The View From is an excerpt from Artnet Pro's exclusive bi-weekly newsletter, The Asia Pivot. The newsletter provides mission-critical analysis, insights and exclusive information on Asian art market developments, focusing on opportunities and challenges. Subscribe here to get it delivered straight to your inbox. Sana Rezwan is Executive Director of Prestige Group, India's leading real estate and property development company. She is also the founder of Art Lab Studio, an art marketing firm specializing in strategy and partnerships. She serves on the Advisory Arts Board of the Harvard University South Asian Institute, the board of directors of Art Production Fund…